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Posted on 24/05/2023

Hong Kong police warn of surge in investment scams offering mainland Chinese stocks, with largest case this year involving HK$4.5 million

Police say 79 such scams recorded during first four months of 2023, up from single case logged during same period last year Scammers dupe victims into downloading fake 'A-shares Connect' mobile ...

Posted on 24/05/2023

Last emperor of China’s watch sells for record $6.2 million in Hong Kong auction

A watch that was once owned by the last emperor of China's Qing Dynasty, whose life formed the basis of the Oscar-winning film "The Last Emperor," sold for a record HK$49 million ($6.2 million) at a ...

Posted on 24/05/2023

IPO Update: Solowin Seeks IPO Despite Declining Revenue

Solowin Holdings ( SWIN) has filed proposed terms to raise $15 million in gross proceeds from the sale of its common stock in an IPO, according to an amended registration statement. The firm provides ...

Posted on 24/05/2023

Hong Kong’s Cathay Pacific sacks crew members accused of discriminating against non-English speakers

Hong Kong’s Cathay Pacific Airways has dismissed three cabin crew members after a passenger accused them of discriminating against non-English speakers, in a case that drew criticism from Chinese stat ...

Posted on 24/05/2023

How the triads operate, according to a former Hong Kong mafia member

Jimmy Tsui is a former member of Tung On in New York City's Chinatown and of the Sun Yee On triad in Hong Kong. In 1985 in New York, he was arrested and charged with robbery and homicide, with a $1.5 ...

Posted on 23/05/2023

Hong Kong regulator to issue crypto licences with retail investor guardrails

Hong Kong’s securities regulator said its crypto licensing regime will include measures to protect retail investors as it brings in tougher rules for digital asset companies from June 1. Hong Kong’s ...

Posted on 23/05/2023

Hong Kong retail investors to start trading major cryptocurrency tokens from June 1 as new virtual-assets regime kicks off

Platforms can start to apply for a licence on June 1, while those "who do not plan to do so should proceed to an orderly closure of their business in Hong Kong", the SFC said in a statement on Tuesday ...

Posted on 23/05/2023

Last emperor of China’s watch sells for record $5.1 million in Hong Kong auction

A watch that was once owned by the last emperor of China's Qing Dynasty, whose life formed the basis of the Oscar-winning film "The Last Emperor," sold for a record HK$40 million ($5.1 million) at a ...

Posted on 23/05/2023

Bitcoin climbs back above $27,000 after Hong Kong greenlights some retail crypto trading

Cryptocurrency prices moved higher on Tuesday after Hong Kong's securities regulator announced it will allow retail trading of certain crypto assets starting June 1.Bitcoin rose 1.7% to $27,293.64, ...

Posted on 23/05/2023

HSBC Holdings: A Fortress Of A Bank

HSBC Holdings currently ranks #2 in banks in Seeking Alpha's Quant system. See why I think HSBC is one of the strongest financial stocks in Europe today.

Posted on 23/05/2023

Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1

The Securities and Futures Commission's guidelines prohibit crypto "gifts" designed to incentivize retail investments, which likely includes airdrops.

Posted on 23/05/2023

Bitcoin gains after China signals crypto trading plan for Hong Kong

Bitcoin has risen over 2% as investors eye the ongoing stalemate over the US debt ceiling and anticipate a positive crypto move in China.

Posted on 23/05/2023

Hong Kong’s Small Investors Get Crypto Greenlight

Hong Kong’s securities regulator said it will allow small investors to trade cryptocurrencies, lifting a ban that was in place for years. There are a few caveats. Retail investors will be restricted t ...

Posted on 23/05/2023

AWS Supports HSUHK to Establish Hong Kong’s First Cloud Innovation School

Millions of customers—including the fastest-growing startups, largest enterprises ... About The Hang Seng University of Hong Kong The Hang Seng University of Hong Kong (HSUHK) is a non-profit private ...

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